Insight Partners to acquire Veeam for $5 billion

Software investor Insight Partners announced that it has entered into a definitive agreement to acquire Veeam Software, the leader in Backup solutions that deliver Cloud Data Management. Under the ownership of Insight Partners, Veeam will become a U.S. company, with a U.S.-based leadership team, while continuing its global expansion from offices in 30 countries and with customers in over 160 countries. The acquisition, which is expected to close during the first quarter of 2020, will … More

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